24 July 2018

Cree names Neill Reynolds as CFO

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Cree Inc of Durham, NC, USA (which makes lighting-class LEDs, LED lighting and power semiconductors) has appointed Neill Reynolds as chief financial officer, effective 27 August, when he will succeed Mike McDevitt, as per the transition plan announced in June.

Cree says that Reynolds has extensive executive financial and industry leadership experience. He joins from NXP Semiconductors N.V., where he serves as senior VP of finance, strategy and procurement. At NXP, Reynolds has led global teams to develop and drive profitability initiatives to expand profit margins and deliver on growth objectives.

Prior to NXP, his career includes more than 15 years as a finance leader with international technology companies including General Electric, where he held CFO positions in various businesses and served on management teams that consistently delivered profit enhancements for global industrial and manufacturing businesses, spanning multiple technology industries.

“Neill is an exceptional leader with vast experience within the markets Cree serves,” comments CEO Gregg Lowe. “Neill’s industry knowledge will help position Cree for continued success and support our growth plans,” he believes. “We thank Mike for his substantial contributions to Cree’s success over the past 16 years and are grateful for his support during the transition.”

See related items:

Cree announces CFO transition plan

Cree’s quarterly revenue driven by Wolfspeed’s SiC materials and Power & GaN RF devices

Tags: Cree LED

Visit: www.cree.com